Capital One to Redeem $1 Billion of Series M Preferred Stock
Filed with the SEC on · Summarized by InvestorsBot
Capital One will redeem all 1 million outstanding Series M preferred shares on September 1, 2026, at $1,000 per share, for a total redemption amount of $1 billion. Holders of record on August 17 will separately receive the regular $9.875-per-share dividend on the redemption date; dividends will stop accruing afterward, with Computershare acting as redemption agent.